In mature, developed economies, including the United States and many countries in Europe, the era of massive, transformative infrastructure investments—the kind that shape national economies and drive markets for decades—may be over.
In its place is an era of more fine-grained infrastructure investment, one where regional transit systems are being built or expanded, where pedestrian and bicycle networks are getting connected and where land use is a key consideration.
Now more than ever, new approaches and new kinds of leadership are needed to connect infrastructure to values and to make clear its benefits.
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